Radix
XRD
| Round | Amount | Valuation | Date | Investors |
|---|---|---|---|---|
| -- | $10M | $400M | Mar 23, 2023 | |
| Seed | $5M | -- | Jul 01, 2019 |
| Project | Funding Status | Region | Categories | Ecosystem | Founded | Token Issuance |
|---|---|---|---|---|---|---|
 idOS | DID Infra | Jan 01, 2023 | No Token |
Radix is a Layer 1 smart contract platform purpose-built to revolutionize the global financial system, valued at over $400 trillion. By starting with this ambitious goal, Radix has designed a solution that centralizes innovation in DeFi. The platform leverages Scrypto, an intuitive asset-oriented programming language; Radix Engine, the first programmable “DeFi Engine”; and Cerberus, a groundbreaking consensus algorithm that delivers atomic composability with linear scalability. After more than nine years of intensive research, testing, and development, Radix is ready to transform the DeFi landscape.
Founded by Dan Hughes in 2017, Radix DLT is a decentralized network specifically crafted to empower DeFi developers by enabling faster development cycles without compromising security. Radix's mission is to build an open, interconnected platform where powerful and secure DeFi applications can thrive. Positioned as the "first layer of DeFi done right," Radix sets itself apart with its innovative consensus mechanism, Cerberus, ensuring unmatched scalability and composability.
Above are only for introduction, not intended as investment advice.